How do i ask for a rate reduction on my mortgage?

Answer If you find yourself facing the prospect of being unable to meet your home mortgage loan obligation on a consistent basis you may wonder what options are available to you. A key to getting control ... Read More »

Top Q&A For: How do i ask for a rate reduction on my mortgage

Qualifications for Mortgage Reduction?

If you are having problems making payments on your home, you may be eligible for government assistance. Without assistance, you could be headed toward foreclosure or a life of struggling to make yo... Read More »

Wraparound Mortgage Reduction?

Wraparound mortgages enable home buyers to assume or "wrap" an existing mortgage into a new mortgage loan agreement. People looking to sell their homes can benefit from the rate at which the princi... Read More »

Who Do You Talk With to Get an Interest-Only Mortgage Changed to a Fixed Rate Mortgage?

Interest-only mortgages are considered to be one of the riskiest types of home loans on the market. If you have an interest-only loan, you can take the necessary steps to convert it into a fixed ra... Read More »

What does a mortgage principal reduction mean?

A mortgage principal reduction occurs when the bank decreases your mortgage balance by either selling the mortgage to a different lender or modifying the loan with the existing lender. It can be ve... Read More »